The publishing industry is highly dynamic (transitioning from physical to digital) and in a constant state of evolution. In order to compete in this changing environment, it is critical to increasing revenue by employing strategic pricing practices. Revenue Management Labs works with clients in the publishing industry to deliver hands-on, tailored results by leveraging client and market data to determine which levers (e.g. price optimization, segmentation of customers, subscription-based pricing, etc.) will drive the most impact to your top and bottom-line.
Win-Loss Analysis is the process of critically understanding why some deals are won while others are lost; it is an in-depth review of what your company does well in attempting to gain valuable clients, but also why you may be losing out on important proposals.
Without the right pricing strategy, your company is bound to run into problems such as being unable to pass price adjustments, customers not understanding your prices, higher rates of defection, etc. Surprisingly these pricing issues can be easily avoided if you know what to look out for.
Price is the foundational element of any company’s revenue. To create a high-performing pricing organization, the right infrastructure (people, systems, processes) needs to be in place.
As market environments continue to evolve, discount strategies are a proven way to achieve long-term goals for top-line growth. However, the financial trade-offs associated with discounting have to be clearly defined, along with routine post-analysis to understand the impact of the discounting actions.
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